Managing Development Disruption Risks

Disruptions offer opportunities and risks. GRC and ESG come in handy as modern tools to help identify and harness opportunities and manage risks optimally. To sustain success, risks have to be preempted, prevented, and transformed into profitability and growth niches. To do so effectively and efficiently, some fast-moving countries adopt ’melting pot’ mechanisms built upon civilian-military collaboration (CIMIC) that treat development issues alongside insecurity as emergencies warranting the mobilization of all national resources to deal with them simultaneously, in a single swoop. This is the essence of development with disruption (DwD) modeling. The micro-foundation for DwD, and the applicability of GRC and ESG for its implementation, are discussed in the early chapters of this book. Thereafter, lessons on DwD experiences drawn from China and Israel are analyzed. This book presents a pragmatic approach to modeling economic development in the present era.